Fidelity Long/Short Alternative Series F8 (FID2500)
26.80
+0.01
(+0.05%)
CAD |
Dec 30 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 1.50% | 1.558B | -- | -- |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 589.29M | 8.75% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund invests primarily in long and short positions of equity securities of companies located in Canada and/or the United States. The Fund may use leverage through the use of short selling, generally around 30% of its net asset value but may short sell up to 50% of its net asset value, and by investing in derivatives.The Fund's gross exposure is calculated as the sum of the following, and must not exceed 300% of its net asset value: (i) the aggregate market value of securities sold short; (ii) the value of indebtedness under any borrowing arrangements for investment purposes; and (iii) the aggregate notional value of the Fund's specified derivatives positions excluding any specified derivatives used for hedging purposes. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Long/Short Equity Global |
| Peer Group | Alternative Equity Focused |
| Global Macro | Alternative Equity |
| US Macro | -- |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Fidelity Investments |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
13
-81.99M
Peer Group Low
309.18M
Peer Group High
1 Year
% Rank:
5
589.29M
-421.95M
Peer Group Low
3.794B
Peer Group High
3 Months
% Rank:
29
-220.61M
Peer Group Low
874.67M
Peer Group High
3 Years
% Rank:
5
-1.185B
Peer Group Low
8.440B
Peer Group High
6 Months
% Rank:
23
-254.45M
Peer Group Low
1.721B
Peer Group High
5 Years
% Rank:
4
-1.017B
Peer Group Low
9.058B
Peer Group High
YTD
% Rank:
4
-428.91M
Peer Group Low
3.003B
Peer Group High
10 Years
% Rank:
4
-234.91M
Peer Group Low
9.397B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 31, 2025.
*Indicates data for the year is incomplete.
Asset Allocation
As of October 31, 2025.
| Type | % Net |
|---|---|
| Cash | 6.14% |
| Stock | 89.22% |
| Bond | 0.82% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 3.83% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
Fidelity U.S. Money Market Investment Trust Sr O
|
11.49% | -- | -- |
| The Toronto-Dominion Bank | 4.00% | 94.21 | -0.53% |
| Franco-Nevada Corp. | 3.85% | 207.17 | -0.53% |
| Alphabet, Inc. | 3.76% | 312.96 | -0.28% |
| Meta Platforms, Inc. | 3.65% | 659.89 | -0.91% |
|
SPDR GOLD SHARES ETF
|
3.61% | -- | -- |
| Microsoft Corp. | 3.57% | 483.55 | -0.81% |
| Westinghouse Air Brake Technologies Corp. | 3.49% | 213.26 | -1.58% |
| Dollar Tree, Inc. | 3.48% | 123.00 | -0.83% |
| Fairfax Financial Holdings Ltd. | 3.43% | 2615.89 | -0.33% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | -- |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP |
|
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 5000.00 None |
| Minimum Subsequent Investment | 25.00 None |
Basic Info
| Investment Strategy | |
| The Fund invests primarily in long and short positions of equity securities of companies located in Canada and/or the United States. The Fund may use leverage through the use of short selling, generally around 30% of its net asset value but may short sell up to 50% of its net asset value, and by investing in derivatives.The Fund's gross exposure is calculated as the sum of the following, and must not exceed 300% of its net asset value: (i) the aggregate market value of securities sold short; (ii) the value of indebtedness under any borrowing arrangements for investment purposes; and (iii) the aggregate notional value of the Fund's specified derivatives positions excluding any specified derivatives used for hedging purposes. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Long/Short Equity Global |
| Peer Group | Alternative Equity Focused |
| Global Macro | Alternative Equity |
| US Macro | -- |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Fidelity Investments |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (12-30-25) | 0.00% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 86 |
| Stock | |
| Weighted Average PE Ratio | 28.97 |
| Weighted Average Price to Sales Ratio | 7.868 |
| Weighted Average Price to Book Ratio | 6.836 |
| Weighted Median ROE | 27.31% |
| Weighted Median ROA | 11.70% |
| ROI (TTM) | 16.92% |
| Return on Investment (TTM) | 16.92% |
| Earning Yield | 0.0442 |
| LT Debt / Shareholders Equity | 0.7034 |
| Number of Equity Holdings | 77 |
As of October 31, 2025
Growth Metrics
| EPS Growth (1Y) | 22.08% |
| EPS Growth (3Y) | 12.19% |
| EPS Growth (5Y) | 17.45% |
| Sales Growth (1Y) | 10.84% |
| Sales Growth (3Y) | 11.87% |
| Sales Growth (5Y) | 11.67% |
| Sales per Share Growth (1Y) | 12.11% |
| Sales per Share Growth (3Y) | 12.02% |
| Operating Cash Flow - Growth Rate (3Y) | 15.42% |
As of October 31, 2025
Fund Details
| Key Dates | |
| Inception Date | -- |
| Share Classes | |
| FID2492 | Commission-based Advice |
| FID2493 | Commission-based Advice |
| FID2497 | Commission-based Advice |
| FID2498 | Fee-based Advice |
| FID2499 | Fee-based Advice |
| FID7147 | Commission-based Advice |
| FID7148 | Commission-based Advice |
| FID7149 | Commission-based Advice |
| FID7150 | Fee-based Advice |
| FID7151 | Fee-based Advice |
| FID7152 | Fee-based Advice |
| Attributes | |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Currency Hedged Fund |
|
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:FID2500.TO", "name") |
| Broad Asset Class: =YCI("M:FID2500.TO", "broad_asset_class") |
| Broad Category: =YCI("M:FID2500.TO", "broad_category_group") |
| Prospectus Objective: =YCI("M:FID2500.TO", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |